O'Reilly Auto Parts 9870 Two Notch Rd 7,225 SF Retail Building Columbia, SC 29223 $2,109,000 ($291.90/SF) 6% Cap Rate
INVESTMENT HIGHLIGHTS
- Excellent Trade Area located on a main retail corridor with Walmart, Target, Kroger, and more.
- Located 15 minutes from Fort Jackson with 12,000 military families.
- Great visibility from Two Notch Rd. with Traffic Counts of 35,248 VPD
EXECUTIVE SUMMARY
Modified triple net lease (Minimal Landlord Responsibilities)
20-Year, Lease
2017 construction
4 (5-year) options to extend
6% rent escalations in 2027 & 2032, providing Inflation Protection
Lease is Corporately Guaranteed by O'Reilly Auto Parts and Equipment Company
20-Year, Lease
2017 construction
4 (5-year) options to extend
6% rent escalations in 2027 & 2032, providing Inflation Protection
Lease is Corporately Guaranteed by O'Reilly Auto Parts and Equipment Company
DATA ROOM Click Here to Access
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
7,225 SF
Building Class
B
Year Built
2017
Price
$2,109,000
Price Per SF
$291.90
Cap Rate
6%
NOI
$126,550
Tenancy
Single
Building Height
1 Story
Building FAR
0.20
Lot Size
0.85 AC
Zoning
GC - Commercial
Parking
16 Spaces (2.21 Spaces per 1,000 SF Leased)
Frontage
102’ on Two Notch Rd
AMENITIES
- Bus Line
- Pylon Sign
- Signage
- Air Conditioning
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 22803-03-11 | Improvements Assessment | $0 |
| Land Assessment | $0 | Total Assessment | $818,000 |
